Antecedent (if this happens)
KXPGATOP5-VAC26-JSMI
Valspar Championship: Will Jordan L. Smith finish top 5?
Series: KXPGATOP5
Entity: Jordan L. Smith
Expiration: 2026-04-05T00:00:00Z
Volume: 668
YES ask: 0.1200
NO ask: 0.9500
Last: 0.1200
View on Kalshi
Rules
If Jordan L. Smith finishes top 5 (including ties) in the 2026 Valspar Championship golf tournament, then the market resolves to Yes.
Consequent (then it means this happened or will happen)
KXPGATOP20-VAC26-JSMI
Valspar Championship: Will Jordan L. Smith finish top 20?
Series: KXPGATOP20
Entity: Jordan L. Smith
Expiration: 2026-04-05T00:00:00Z
Volume: 1748
YES ask: 0.6100
NO ask: 0.4100
Last: 0.6200
View on Kalshi
Rules
If Jordan L. Smith finishes top 20 (including ties) in the 2026 Valspar Championship golf tournament, then the market resolves to Yes.
Confidence: high
Model: claude-sonnet-4-6
Screened: 2026-03-21T08:01:55Z
Reasoning: If Jordan L. Smith finishes top 5, he necessarily finishes top 20 as well (top 5 is a subset of top 20). The reverse does not hold — top 20 does not guarantee top 5.
Strategy: Buy NO on antecedent + YES on consequent
Yield:
N/A
Cost:
$1.5600
Days to maturity:
N/A
Hurdle yield:
N/A
Excess yield:
N/A